The Rattan Company Ltd

The Rattan Company Ltd from Chacewater UK is a small, active company founded six years ago in 2018. It employs two people and holds £133,118 in assets, operating from a real address within Duckworths Business Park. With two directors and two owners – Machin Charles and Pepper Lucinda – the company runs an e-commerce site specializing in luxury handmade indoor rattan furniture. It's a regular importer, bringing in furniture, lighting, and prefabricated buildings, with 32 months of import activity recorded, the latest in December 924.

The company’s website, The Rattan Company, showcases a wide range of rattan furniture for various rooms, from bedrooms and dining rooms to living rooms and nurseries. It highlights the sustainability of rattan and cane furniture, positioning it as an on-trend choice for stylish homes. The site also features a dedicated section for children’s furniture and a selection of outdoor teak furniture. It's clear they're aiming for a premium market, with items like bar stools and armchairs costing upwards of £100.

Financially, The Rattan Company Ltd presents a mixed picture. While net assets increased by 61% to £100,000, current assets dropped by 13% to £130,000. Bank borrowings increased by 8.9% to £8,700, and cash reserves decreased by 17% to £37,000. Creditors decreased by 37%, which is a positive sign, but the drop in cash reserves could indicate tighter margins. The company’s small size—meeting two of three criteria for a small company—helps it remain nimble, but the equity increase suggests they may have taken on more debt. There's no auditor mentioned, likely due to being exempt as a small company, so the financial data relies on unaudited director reports.

Overall, The Rattan Company Ltd appears to be a small but growing business, capitalizing on the trend for sustainable and stylish rattan furniture. While the financials show some pressures, the strong online presence and focus on a niche market suggest a promising future.

Registered in England/Wales under the registration number 11393434, with a registered address at TE4 8NZ, United Kingdom, Chacewater, Unit 2 Duckworths Business Park, Wheal Busy.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.